DSX-PB

DSX-PB — Valuation Models

Interactive models with editable assumptions. All calculations run client-side.

Valuation Summary

ModelIntrinsic Valuevs Price ($27.12)
DCF$-3.81-114.0%
Graham Number$9.80-63.9%
Reverse DCF
DDM$45.73+68.6%
EV/EBITDA$28.91+6.6%

Values reflect default assumptions. Adjust inputs in each model below to update.

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: —
Rev: -8.8% / EPS: -75.4%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$-3.81
Current Price$27.12
Upside / Downside-114.0%
Net Debt (used)$395.66M
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$-3.81$-3.81$-3.81$-3.81$-3.81
8.0%$-3.81$-3.81$-3.81$-3.81$-3.81
9.0%$-3.81$-3.81$-3.81$-3.81$-3.81
10.0%$-3.81$-3.81$-3.81$-3.81$-3.81
11.0%$-3.81$-3.81$-3.81$-3.81$-3.81

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $0.94
Yahoo: $4.53

Results

Graham Number$9.80
Current Price$27.12
Margin of Safety-63.9%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Reverse DCF requires positive TTM free cash flow.
Current Price$27.12
Implied Near-term FCF Growth
Historical Revenue Growth-8.8%
Historical Earnings Growth-75.4%
Base FCF (TTM)
Implied growth is the FCF growth rate (yrs 1–5) that makes the DCF intrinsic value equal the current price. Long-term growth is set to half the implied near-term rate.

4 — Dividend Discount Model (DDM)

Assumptions

Yahoo: $2.22

Results

DDM Intrinsic Value / share$45.73
Current Price$27.12
Upside / Downside+68.6%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $77.94M
Current: 43.6×
Default: $395.66M

Results

Implied Equity Value / share$28.91
Current Price$27.12
Upside / Downside+6.6%
Implied EV$3.40B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$1.60B-$604.34M$395.66M$1.40B$2.40B
39.6x$45.15$35.53$25.91$16.29$6.67
41.6x$46.65$37.03$27.41$17.79$8.17
43.6x$48.15$38.53$28.91$19.29$9.67
45.6x$49.65$40.03$30.41$20.79$11.17
47.6x$51.15$41.53$31.91$22.29$12.67